Small Business

Small Business Accounting 101: Essential Accounting Basics Every Small Business Owner Should Know for 2025 Success

Small Business Accounting 101: Essential Accounting Basics Every Small Business Owner Should Know for 2025 Success Introduction As we approach 2025, the landscape of small business accounting continues to evolve rapidly. For entrepreneurs and small business owners, understanding the fundamentals

IRS Scams: Protect Your Business and Taxpayer Information from the Dirty Dozen During Tax Season

Introduction As a small business owner, navigating the complexities of tax season can be challenging enough without the added threat of scams. Unfortunately, the Internal Revenue Service (IRS) reports a significant increase in tax-related fraud attempts, particularly targeting small businesses

Cash Flow vs Net Income: What Small Every Business Owner Needs to Know

Cash Flow vs Net Income: What Every Small Business Owner Needs to Know As a small business owner, understanding the difference between cash flow and net income is crucial for maintaining the financial health and stability of your company. While

Bonus Depreciation vs Section 179

Bonus Depreciation vs Section 179: A Comprehensive Guide for Small Business Owners I. Introduction As a small business owner, navigating the complex world of tax benefits can be overwhelming. However, understanding the various deductions and incentives available to you is

2024 Guide to Accounting and Bookkeeping for Startups

Comprehensive 2024 Guide to Accounting and Bookkeeping for Startups: Everything You Need to Know Introduction: What Startup Businesses Need to Know Starting a new business is an exciting journey, but it comes with its fair share of challenges. One of

Understanding Common Equity on the Balance Sheet: A Guide for Small Business Owners

Understanding Common Equity on the Balance Sheet: A Guide for Small Business Owners Introduction As a small business owner, understanding your company’s financial health is crucial for making informed decisions and ensuring long-term success. One key component of your financial